Accurate insurance valuations for your property

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A Reinstatement Valuation (also known as an Insurance Rebuild Cost Assessment) estimates the cost of completely rebuilding a property following total destruction, such as from fire, flooding or structural collapse. It is used to ensure your building is insured for the correct amount.

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At Honeywell Survey & Design, our Chartered Surveyors provide independent reinstatement valuations for residential and commercial properties, helping property owners, landlords and businesses avoid the risks of underinsurance or overinsurance.

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Why do I need a Reinstatement Valuation?

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Many buildings are insured using outdated estimates, purchase prices or market values, none of which reflect the true cost of rebuilding.

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A professional reinstatement valuation helps you:

• Ensure your buildings insurance reflects the true rebuild cost.

• Reduce the risk of underinsurance and claim shortfalls.

• Avoid paying unnecessarily high insurance premiums.

• Meet the requirements of lenders, freeholders and lease agreements.

• Demonstrate that your insurance arrangements are based on professional advice.

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What is included?

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Our surveyors will inspect the property and assess factors including:

• Building size and construction.

• Age and complexity of the property.

• Quality of materials and finishes.

• Demolition and site clearance costs.

• Professional fees.

• Compliance with current Building Regulations.

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The assessment is carried out using recognised industry guidance and current rebuilding cost data.

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What properties do you cover?

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We provide reinstatement valuations for:

• Houses and bungalows

• Flats and apartment blocks

• Listed and period properties

• Mixed-use properties

• Residential portfolios